Game-on for GAME rescue

Turnaround specialist Opcapita has put its hand in its pocket to rescue computer game retailer GAME Group.

Turnaround specialist Opcapita has put its hand in its pocket to rescue computer game retailer GAME Group.

GAME went into administration last week, crippled by debts to suppliers and its banks. It now appears that suppliers to the firm, who were owed around £40m, will get nothing from the deal while banks will have to take a write-down on their lendings of 55%.

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